There’s something special about coming home to 8 Eastgate Lane. Tucked away in the established Cypress Knoll neighborhood, this beautifully maintained home offers the perfect blend of comfort, space, and the Florida lifestyle that draws so many to Palm Coast. From the moment you arrive, you'll appreciate the spacious 3-car garage, providing plenty of room for vehicles, golf carts, bicycles, hobbies, and all the gear that comes with enjoying life on Florida's coast. Inside, the thoughtfully designed split-bedroom floor plan creates a comfortable balance of open living spaces and private retreats, making it equally ideal for quiet evenings at home or gathering with family and friends. One of the things you'll love most about this location is how close it is to everything that makes Palm Coast such an incredible place to live. Spend your mornings biking or walking along the city's extensive network of scenic trails, enjoy an afternoon on one of the area's beautiful golf courses, or take a short drive to the pristine beaches of Flagler Beach for sunrises, fishing, and ocean breezes. Parks, nature preserves, boating opportunities, and outdoor recreation are all part of everyday life here. Adding to the appeal, the home is conveniently located near Palm Coast's rapidly growing Town Center, where new restaurants, shopping, entertainment, and community events continue to make this one of the most exciting and desirable areas in the region. Whether you're looking for your forever home, a place to enjoy retirement, or simply a better quality of life, 8 Eastgate Lane offers the opportunity to embrace everything that makes Palm Coast one of Florida's hidden gems. This is more than a house—it's a place to truly feel at home.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
